automation

OpenAI is Planning to Launch ‘Operator,’ its First AI Agent

  Insights Desk   Nov 14, 2024

Highlights: The introduction of Operator indicates that OpenAI is keen to capitalize on the larger movement toward “agentic AI,” which describes AI programs that can finish multi-step tasks w...

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Data Management Startup Connecty AI Raises USD 1.8 M in Funding

  Insights Desk   Nov 12, 2024

Highlights: Connecty AI claims that its platform extracts records from an enterprise’s systems using pre-built connectors that require no custom code for setup. Connecty AI provides processe...

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SAP Launches Latest Version of Joule AI Assistant with New Features

  Insights Desk   Oct 09, 2024

Highlights: SAP is adding more AI agents to the assistant as part of an effort to increase its usefulness. These are specific machine learning instruments, each tailored to a certain set of appli...

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Distributional Secures USD 19 M to Support Business AI Utility

  Insights Desk   Oct 09, 2024

Highlights: According to the business, generative AI has a higher probability of being non-stationary, meaning that it has several moving parts that are not within the developers’ control. T...

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OpenAI Raises Whopping USD 6.6 B at a Valuation Worth USD 157 B

  Insights Desk   Oct 03, 2024

Highlights: According to reports, the creator of ChatGPT intends to eliminate investor return caps and organize the for-profit division as a benefit corporation. With an extra $6.6 billion in ...

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Magic AI and Codeium Raise Funding Worth USD 320 M and USD 150 M

  Insights Desk   Sep 02, 2024

Highlights: Magic may be able to finance the creation of more AI models with the USD 320 million investment that it disclosed recently. Codeium, which also revealed a financing milestone, has...

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Box Acquires Alphamoon for AI-based Document Processing Technology

  Insights Desk   Aug 09, 2024

Highlights: As per Box, the fundamental function of cloud content management is to comprehend the type of documents present and generate appropriate metadata for labeling and comprehending busine...

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Extreme Networks Inc. Announced Partnership with Intel

  Insights Desk   Jul 31, 2024

Highlights: Generative AI and Intel tools will enhance network intelligence using data from Extreme and Intel systems. Combining Intel’s advanced analytics with Extreme’s AI solution is an...

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Intel Capital Leads USD 15 M Investment in AI Construction

  Insights Desk   Jul 12, 2024

Highlights: Buildots uses digital twins to capture on-site data, aiding engineers in tracking project status, pinpointing bottlenecks, and streamlining construction workflows. The startup sees...

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AI-powered E-commerce Accounting Startup Finaloop Secures USD 35 M

  Insights Desk   Jun 18, 2024

Highlights: Finaloop aims to revolutionize e-commerce accounting with its automated bookkeeping platform. As per the company’s CEO, Finaloop assists sellers in making smarter, data-driven de...

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